Friday, December 14, 2007

MDV in executive employment contract case

This afternoon, a jury in the Abingdon division of the W.D. Va. awarded a verdict of $4,000,000 on the implied contract claim in the case of United v. Keenan, Civil Action No. 1:06cv0071, related to a $10 million bonus paid to the defendant.

Interestingly, Magistrate Judge Sargent tried the case, with Big Law lawyers on both sides, plus local counsel.